DeFi· ★★· neutral·

Frax Finance Integrates frxUSD Into Gearbox for Institutional Liquidity

  • —Frax Finance integrated its frxUSD stablecoin into Gearbox Protocol
  • —The goal is a liquidity layer for institutional tokenization
  • —frxUSD currently shows no trading volume
Why it matters: The integration could draw institutional capital into DeFi lending and boost frxUSD liquidity.
Source: Coinfomania